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Synopsis Top Republicans and Democrats grew closer to agreeing on a fresh round of aid in response to a crisis that has killed nearly 309,000 Americans and thrown millions out of work. AP The number of Americans filing first-time claims for jobless benefits unexpectedly rose last week as a relentless surge in new coronavirus infections hobbled business operations and hurt hiring trends. Dec 17: Wall Street's three main indexes closed at record highs on Thursday as investors grew more optimistic about a coronavirus stimulus bill, helping markets look past signs of economic strain brought on by...

Wall Street ends at record highs as investors eye fiscal stimulus By Karen Pierog and Noel Randewich View of NYSE building in New York City (Reuters) – Wall Street’s three main indexes closed at record highs on Thursday as investors grew more optimistic about a coronavirus stimulus bill, helping markets look past signs of economic strain brought on by the COVID-19 pandemic. A surge in technology outsourcing firm Accenture gave the S&P 500 a major lift. Top Republicans and Democrats grew closer to agreeing on a fresh round of aid in response to a crisis that has killed nearly ...

Iron ore leads gains for industrial metals, up nearly 65% this year Published: Dec. 11, 2020 at 12:25 p.m. ET By Email icon Industrial metals have proven their resilience in the face of a weakened global economy, with iron ore among the biggest market gainers, poised to end the year with an almost 65% price climb. “Certainly early in the year, metals got COVID along with any other commodity, but the injection of massive liquidity healed them fast and made them stronger during the rest of the year,” said Hakan Kaya, senior portfolio manager on the Neuberger Berman Commodity S...